Unequal gains: American growth and inequality since 1700
Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today.While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson...
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Hauptverfasser: | , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Princeton
Princeton University Press
[2016]
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Schriftenreihe: | The Princeton economic history of the Western world
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Schlagworte: | |
Online-Zugang: | EUV01 FAB01 FAW01 FHA01 FKE01 FLA01 UPA01 FCO01 Volltext |
Zusammenfassung: | Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today.While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth.America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context.Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why |
Beschreibung: | 1 Online-Ressource |
ISBN: | 9781400880348 |
DOI: | 10.1515/9781400880348 |
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author | Lindert, Peter H. 1940- Williamson, Jeffrey G. 1935- |
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institution | BVB |
isbn | 9781400880348 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-031311138 |
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open_access_boolean | |
owner | DE-1046 DE-739 DE-860 DE-859 DE-Aug4 DE-1043 DE-521 DE-858 |
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publishDate | 2016 |
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publisher | Princeton University Press |
record_format | marc |
series2 | The Princeton economic history of the Western world |
spelling | Lindert, Peter H. 1940- Verfasser (DE-588)128732199 aut Unequal gains American growth and inequality since 1700 Peter H. Lindert and Jeffrey G. Williamson Princeton Princeton University Press [2016] © 2016 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier The Princeton economic history of the Western world Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today.While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth.America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context.Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why Geschichte 1700- gnd rswk-swf Economic development United States History Income distribution United States History Wealth United States History Einkommensverteilung (DE-588)4013898-7 gnd rswk-swf Wirtschaftsentwicklung (DE-588)4066438-7 gnd rswk-swf Ungleichheit (DE-588)4186884-5 gnd rswk-swf Einkommensdisparität (DE-588)4194476-8 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Einkommensverteilung (DE-588)4013898-7 s Einkommensdisparität (DE-588)4194476-8 s Geschichte 1700- z 1\p DE-604 Wirtschaftsentwicklung (DE-588)4066438-7 s Ungleichheit (DE-588)4186884-5 s 2\p DE-604 Williamson, Jeffrey G. 1935- Verfasser (DE-588)124527426 aut Erscheint auch als Druck-Ausgabe 978-0-691-17049-7 https://doi.org/10.1515/9781400880348 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Lindert, Peter H. 1940- Williamson, Jeffrey G. 1935- Unequal gains American growth and inequality since 1700 Economic development United States History Income distribution United States History Wealth United States History Einkommensverteilung (DE-588)4013898-7 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd Ungleichheit (DE-588)4186884-5 gnd Einkommensdisparität (DE-588)4194476-8 gnd |
subject_GND | (DE-588)4013898-7 (DE-588)4066438-7 (DE-588)4186884-5 (DE-588)4194476-8 (DE-588)4078704-7 |
title | Unequal gains American growth and inequality since 1700 |
title_auth | Unequal gains American growth and inequality since 1700 |
title_exact_search | Unequal gains American growth and inequality since 1700 |
title_full | Unequal gains American growth and inequality since 1700 Peter H. Lindert and Jeffrey G. Williamson |
title_fullStr | Unequal gains American growth and inequality since 1700 Peter H. Lindert and Jeffrey G. Williamson |
title_full_unstemmed | Unequal gains American growth and inequality since 1700 Peter H. Lindert and Jeffrey G. Williamson |
title_short | Unequal gains |
title_sort | unequal gains american growth and inequality since 1700 |
title_sub | American growth and inequality since 1700 |
topic | Economic development United States History Income distribution United States History Wealth United States History Einkommensverteilung (DE-588)4013898-7 gnd Wirtschaftsentwicklung (DE-588)4066438-7 gnd Ungleichheit (DE-588)4186884-5 gnd Einkommensdisparität (DE-588)4194476-8 gnd |
topic_facet | Economic development United States History Income distribution United States History Wealth United States History Einkommensverteilung Wirtschaftsentwicklung Ungleichheit Einkommensdisparität USA |
url | https://doi.org/10.1515/9781400880348 |
work_keys_str_mv | AT lindertpeterh unequalgainsamericangrowthandinequalitysince1700 AT williamsonjeffreyg unequalgainsamericangrowthandinequalitysince1700 |